
2525 SW 27th Ave
2525 Southwest 27th Avenue, Miami, FL, 33133, US
15,535 sf
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the fee simple interest in the Chen Dedicated Holdings LLC (“ChenMed” or “Tenant”) medical office building located at 9501-9511 Anderson Road, Tampa, FL ("Property" or "Asset"). At this location ChenMed operates its Dedicated Senior Medical Center concept. The Property is fully occupied by Dedicated Senior Medical Center, operating on a long-term, absolute NNN lease with ±20 years of primary term remaining.
Dedicated Senior Medical Center, a key part of the national ChenMed family, provides a transformative, physician-led primary care model specifically for seniors. As a comprehensive healthcare destination, it offers a full spectrum of services under one roof, including on-site labs, diagnostics, medication dispensing, and transportation. The center operates on a high-touch, value-based care model, assigning each physician a small patient panel to ensure personalized attention. This proactive approach leads to proven superior outcomes, including 33% fewer hospitalizations for its patients, and has fueled the company's expansion to over 120 centers nationwide.
The Asset consists of a 11,498 SF medical office building situated on a 1.19-acre parcel. Originally built in 2005 and fully renovated in 2022, the facility operates as a modern medical clinic providing primary care services for seniors. The absolute triple-net lease features attractive 2.5% annual rent escalations, providing a strong hedge against inflation. The lease term is further supported by two, 7-year renewal options.
Positioned on the highly trafficked Anderson Rd with exposure to over 49,600 vehicles daily, the Property is supported by a dense, affluent demographic ideal for its patient base, with an average household income of $109,084 and population of 6,389 within a one-mile radius.
This offering provides investors the opportunity to acquire a long-term absolute NNN lease with annual increases, leased to a recession-resistant healthcare operator of scale, within a high-growth Florida market.